Prepares tax returns for customers

Assignment Help Operation Management
Reference no: EM131765856

Rob D. Store is an accountant who prepares tax returns for customers who submit their income information via the Internet. One of Rob's problems is to figure out when he can promise customers that their tax returns will be ready for their signatures and filing.

Rob (who has studied project management in his MBA program) knows there are four tasks that must be completed for each tax return. He is also aware that the durations of these tasks are uncertain and vary according to known probabilities. The precedence relationships and possible task durations are given in this table:

Task Days Prob

Task (1.2) 2 0.6

3 0.2

4 0.2

Task (1.3) 1 0.1

4 0.9

Task (2.4) 7 0.6

9 0.4

Task (3.4) 10 0.5

2 0.5

a. If Rob uses the classic PERT model and wants to give a customer a due date that has at least a 60 percent chance of occurring, what is the earliest date that Rob can promise the customer's tax return will be completed?

b. In reality, what is the earliest date that Rob should promise the tax return will be completed with at least a 60 percent probability that this will occur?

Reference no: EM131765856

Questions Cloud

What is the final velocity of ball a : After the collision, the 2 kg ball (Ball B) is traveling to the right at 5.714 m/s. What is the final velocity of Ball A?
Magnitude of the angular acceleration : Attached to the disk at a radius of 2.6 m is a 17 kg mass. What is the magnitude of the angular acceleration in rad/s2 of the system?
Ursa major has a recessional velocity : A galaxy cluster in Ursa Major has a recessional velocity of 15,000 km/s. Using 73 km/s/Mpc for Hubble's constant, find the distance to the galaxy cluster.
How can you use the strengths to overcome the weaknesses : How can you use the strengths/opportunities to overcome the weaknesses/threats? How can you maximize the strengths/opportunities and minimize the weaknesses?
Prepares tax returns for customers : Rob D. Store is an accountant who prepares tax returns for customers who submit their income information via the Internet.
Develop a low-fidelity prototype : HS2031 Human Computer Interaction - Perform a user analysis. You must have a clear view of the users of this system. Consider that not everyone is comfortable
Same amount of monatomic ideal gas : Two containers (call them A and B) with the same initial volume , V=47L, hold the same amount of monatomic ideal gas, say helium, at the same
Discuss what is its margin of safety : If Hudson achieves its target pretax income for 2016, what is its margin of safety
Determine that the income effect is descriptive : Song earns $315,000 taxable income as an interior designer and is taxed at an average rate of 30 percent (i.e., $94,500 of tax).

Reviews

Write a Review

Operation Management Questions & Answers

  Contingency plans for identified risks

Implementation plan, objectives, functional tactics, action items, milestones, and a deadline tasks and task ownership, resource allocation. Any required organizational change management strategies that would enhance successful implementation. Key..

  Continue these relationships with the bi-lateral agreements

The bilateral agreement has enabled China and South Korea an increase in trade and an increase in trade deficit for the United States; what are the advantages and disadvantages for the United States to continue these relationships with the bi-lateral..

  Net exp depreciate the exchange rate

In shifts arising from netexport, how an event raise spending on net exp depreciate the exchange rate?

  Internet technologies be involved in improving a process

How can Internet technologies be involved in improving a process in one of the functions of business? Choose one example and evaluate its business value.

  What is the size of your potential target market

What is the size of your potential target market. Describe the 4Ps of marketing in your organization

  Discuss the relationship between discipline and morale

How does this statement support positive discipline? Why should supervisors be unafraid to confront disciplinary situations when they occur?

  What is the overall reliability of the system

A product is made up of two subsystems in parallel. Subsystem one consists of ten elements in series each with a failure rate of 1/100. The second subsystem consists of 5 elements in series each with a failure rate of 1/200. What is the overall re..

  The big five personality dimension of agreeableness

The "Big Five" personality dimension of agreeableness refers to which of the following sets of personality traits? In recent years, the workplace has experienced a shift from a focus on diversity to a focus on __________.

  Difference between rationalist and incrementalist strategy

Explain the difference between rationalist and incrementalist strategy. Who are the main protagonists of the theories? How have the debates regarding these theories had implications for management?

  This should be an enjoyable activity and help you realize

This should be an enjoyable activity and help you realize the wide number of factors in the retail store that are used to motivate your buying behavior.

  Assignment on discussion-supply chain

Assignment On Discussion-Supply Chain, Understanding supply chain and how the consumer can play a critical role in the supply chain is an important part of developing and implementing a strategy.

  Discuss competition within intermodal transportation

Discuss competition within intermodal transportation.Discussion may include strategies, the impact of regulation/deregulation, competition.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd